International Conference on Intellectual Capital, Knowledge Management & Organisational Learning 2014

Acknowledgement of the knowledge economy leads to a conclusion that the route to economic prosperity assigns prime relevance to continuous learning. As a consequence, issues of knowledge creation, use and transfer along with the development of innovation competencies have moved to the forefront of corporate strategy. The implications for economic, social and industrial policy are critical. To keep abreast of this volatile and changing environment, requires a better understanding of how intellectual capital (IC) and knowledge management (KM) deliver effective business processes. In particular, greater awareness and management of risks inherent to this new context is required. Improved methods to link IC and KM to future cash flows and value creation for firms, and public and third sector organizations need to follow.